Author Topic: tick formula  (Read 2200 times)

Tags:
  • All members
  • Posts: 124
tick formula
« on: 15 Apr 2014, 16:13 »
Hi , is there a formula I can use in the amount column of my trigger which will give the amount to back to give x amount of pounds per tick profit ?
Many thanks

  • All members
  • Posts: 490
  • Gender: Male
Re: tick formula
« Reply #1 on: 15 Apr 2014, 21:36 »
Lookup g_ticks in the help guide
Improvise Adapt Overcome

  • All members
  • Posts: 124
Re: tick formula
« Reply #2 on: 16 Apr 2014, 09:31 »
yes I've done that but still not sure how to combine it in to a formula. In Bet Angel I can simply click on a button which gives me x amount of pounds per tick when I trade, there must be a simple formula behind that ...

  • Moderator
  • Posts: 3597
*
Re: tick formula
« Reply #3 on: 16 Apr 2014, 10:04 »
Hi
Tick staking is linked to the tick increment size.
If you want to win 1.00 per tick and current price is between 1.01 and 2.00, the tick increment in this range is 0.01.
Therefore 1/0.01=100 so your stake will be 100.00 for 1.00 profit per tick at this tick increment size
Price range 2.02 to 3.00: 1/0.02=50.00 stake at 0.02 increment size
etc.

variables are b_tick and l_tick
e.g. (your required profit per tick)/b_tick
Please read the following disclaimer with regards to the information you may request and obtain on our forum. This specifically concerns trigger files and various instructions as to how to implement a strategy.

  • All members
  • Posts: 124
Re: tick formula
« Reply #4 on: 18 Apr 2014, 18:15 »
brilliant thats exactly what I needed many thanks

 

Please note, BetFair is seems to be currently OFFLINE